
Cheap Apartments for Rent in Richmond, VA from $500 (509 Rentals) Page 7 of 11
Search the lowest-cost Apartments available for rent right now in Richmond.


Vista Buena Apartments

The Carlisle

Bellwood Terrace Apartments

Sterling Beaufont

The Woodlands

Hatcher Tobacco Flats

Jefferson Mews

Dwell Apartments

Hollybrook Apartments

Richmond Arts

Heights at Brady Square

4828 Chamberlayne Ave

Westover Hills Townhomes

Market Slip

Apartments At Kingsridge

2700 Idlewood Ave

Manchester Grand Apartments

Landmark at Tuckahoe

Jernigin Hall

Parham Park Place I & II

2910 Chamberlayne Ave

3329 Cutshaw Ave

Nottingham Green Apartments

Virginia Apartments

101 Poe St

Tracks at the Masonry

Foxwood

Cornish Brewery Apartments

Bacon Retirement Community

The Cloisters

The Rosa

Reflections Apartments

1000 Porter St

701 Saint James Street Apartments

12 E Main St

Highland Terrace Apartments

501-503 E Main St

Southgate

Bowler Retirement Community

Carter Woods - 62 + Better Senior Community

1200 SEMMES Apartments

Ashley Oaks Apartments

North Oak Apartments

Huntwood Apartments

Beckstoffer's Mill Lofts

Eagle Mill Towers

NOON Hioaks

Oakwood

Riverside Apartments
Richmond, VA Local Guide

How much does it cost to rent an apartment in Richmond?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Cheap Richmond Studio Apartments | $1,437 | $715 | $4,642 |
| Cheap Richmond 1 Bedroom Apartments | $1,607 | $671 | $5,634 |
| Cheap Richmond 2 Bedroom Apartments | $1,928 | $781 | $5,814 |
| Cheap Richmond 3 Bedroom Apartments | $2,156 | $759 | $4,926 |
| Cheap Richmond 4 Bedroom Apartments | $1,232 | $689 | $5,994 |
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Richmond, VA Area Reviews
Robin
February 25, 2025All my life
Frequently Asked Questions about Cheap Richmond Apartments
What is a cheap apartment in Richmond?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Richmond is under $920.
What is the price of a cheap apartment in Richmond?
The cheapest apartment in Richmond is Market Square which is listed at $671, while the average apartment in Richmond costs $2,429.
What types of apartments are the cheapest in Richmond?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 14,929 regular apartments in Richmond that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Richmond?
Cheap apartments in Richmond have an average cost of $476 which is $1,953 cheaper than the average rent for all rentals in Richmond.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
Helpful Local Expert Guides

A Local Experts Guide To the Top Budget-Friendly Neighborhoods to Rent in Richmond, VA
Written by: Richard Corrigan
Richmond is rightly considered one of the best places to live on the East Coast. We love Richmond’s rich history, phenomenal culinary scene, unique art and culture, and its next-level parks and green spaces.

Your Guide to Picking the Perfect Richmond Neighborhood for Student Renters
Written by: Richard Corrigan
Richmond isn't always thought of as a college town, but there are actually several major colleges and universities here. One thing Richmond does get credit for—and rightfully so—is being a very neighborhood-friendly city.

Explore The River City Like a Local: The Insiders Guide to Renting in Richmond, VA
Written by: Richard Corrigan
Welcome to Richmond! For those unfamiliar, it’s Virginia’s state capitol, a city with a long and rich history, and—some might say—Virginia’s biggest small town. There’s a lot to love about living here.
Articles, How-To's, and Tips

Maximizing Your Refund: Essential Tax Tips for Renters
Written by: Christine Leonard, Esq.
Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property
Written by: Lauren Harrington
Renting your next home can feel thrilling and overwhelming at the same time.

A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment
Written by: Bob Mallory
Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

Renting with Roommates: Realistic Expectations for Shared Lease
Written by: Christine Leonard, Esq.
Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.